(Model: Valuation of closing stock and profi t) From the following data relating to the manufacture of...

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(Model: Valuation of closing stock and profi t)

From the following data relating to the manufacture of a standard product during the month of September, prepare a statement showing the cost and profi t unit.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:10 AM

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(Model: Valuation of closing stock and profi t) From the following data relating to the manufacture of...

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Rs. Raw materials used 40,000 Direct wages 24,000 Man hours worked Man hour rate Office overheads Selling overheads Units produced Units sold 9,500 hours Rs. 4 per hour 20% on works cost Re 1. per unit 20,000 units 18,000 @Rs. 10 per unit (Madras University)

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Cost Accounting

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